September 17, 2024

Barrick projects 30% growth in gold-equivalent production by 2030

CEO Mark Bristow says the miner has had the luxury of having an asset base to support organic growth well into the future.

September 17, 2024

Zijin vows to keep investing in Canadian mining despite crackdown

The comments echo sentiments expressed in March by China’s ambassador to Canada.

September 17, 2024

Private equity firm emerges as successful bidder for Nevada Copper

An affiliate of Kinterra Capital made a stalking horse bid of $128 million for substantially all of Nevada Copper's assets last month.

September 17, 2024

Zambia mines lobby calls on government to halt reforms

The government recently announced plans to establish a state-owned firm to control at least 30% of future mines’ production.

September 17, 2024

Bank of America forecasts copper price above $10,000, iron ore price below $80 by 2025

While the outlook for iron ore appears grim, BofA remains bullish on copper due to strong structural demand.

September 17, 2024

Magna Mining PEA update hikes return five-fold for Crean Hill nickel project

The PEA gives the underground mine a base case post-tax net present value (at an 8% discount) of C$194.1 million.

September 17, 2024

Midnight Sun solves Zambian licence error

The disputed Kazhiba licence is one of three target areas on the company’s 506-sq.-km property.

September 17, 2024

BHP warns AI boom would worsen copper shortage

Growth of data centres and AI could boost copper demand by 3.4 million tonnes a year by 2050, CFO Vandita Pant said.

September 16, 2024

First Quantum offers voluntary retirement to Cobre Panama workers

The mine was shut down in November, hours after Panama's Supreme Court declared its contract unconstitutional.

September 16, 2024

Daye copper plant in China to close for 3 months after fire

The stoppage could mean the release of copper raw materials to the market, which has faced unprecedented shortages this year.